Gasoline futures fall as concerns about supplies ease

LisaSanders

DALLAS (MarketWatch) -- April gasoline lost 1.3 percent, or 1.99 cents, to stand at $1.555 a gallon as worries about the impact of BP's
BP, -0.55%
refinery explosion on supplies eased. The explosion rocked BP's (BP: news, chart, profile) isomerization unit, which makes high-octane components for gasoline. "Premium gasoline's market share has been sliding in the last few years, so there's no shortage of U.S. octane overall," said Tom Kloza, chief oil analyst at the Oil Price Information Service.

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